IN BRIEF
- Cwallet now supports Cardano network.
- Users can now apply for cryptocurrency listings for coins on the Cardano network.
- ADA use cases, features, and details.
The Cwallet team has now completed the integration of the Cardano network. This was done due to the massive listing requests for coin listing on the Cardano network.
We believe that the new integration would help millions of CC Wallet users to utilize the cheap fees and faster transactions that are available through the Cardano network compared to Ethereum. On average days, the Cardano network is 100 times faster than ETH while offering fees 50 times cheaper, despite experiencing explosive transaction volumes, which went as high as $138 billion in September 2021.
Cardano is the pioneering network for providing security and sustainability solutions to the Ethereum Network. It uses the Proof-of-Stake consensus mechanism, ensuring energy efficiency.
Many Cwallet users have requested the Cardano network, and we listened.
What is Cardano?
Cardano is a third-generation blockchain platform that employs the Proof-of-Stake consensus mechanism to provide secure and sustainable alternatives to existing PoW networks like Bitcoin and Ethereum.
Cardano was founded and developed based on evidence garnered from peer-reviewed research to develop these scalability solutions. Its native cryptocurrency is Called Cardano (ADA); it is used to make payments and transaction fees on the Cardano network.
Cardano Core Features
· Chain-Based PoS Consensus Mechanism: Cardano is the pioneer blockchain that implements the Ouroboros protocol, enabling genuine decentralization and verifiable security, allowing scalability without compromising security. This helps to ensure that transactions on the Cardano network are energy-efficient and environmentally friendly, facilitating sustainability and easy validation of transactions on the network.
- Highly Scalable: Cardano handles extremely voluminous transactions at high speed and cheap fees. Hence, it is an excellent alternative to many first-generation blockchains.
- Evidence-Based Research and Development: Cardano is developed via critical peer-reviewed research, put through rigorous tests, mathematical modeling, and independent audits before specified.
- Dual-Layer Infrastructure: Compared to single-layer environments like Ethereum, Cardano has a double layer that separates computations and settlements, allowing efficiency and scalability for dApps.
Tokens on Cardano Network
Cardano (ADA): ADA is the native token of Cardano Blockchain. It is used to make payments and Transaction fees on the Cardano network.
ADA Token Information Sheet
- Token Name: Cardano
- Token Symbol: ADA
- Blockchain: Cardano
- Circulating Supply: 33,700,531,935 ADA
- Total Supply: 34,201,243,285 ADA
Website: https://cardano.org/
Twitter: https://twitter.com/CardanoStiftung
Reddit: https://www.reddit.com/r/cardano
Telegram: https://t.me/CardanoAnnouncements
How can you use ADA with Cwallet？
Cwallet integrates multi-functional robots. Instantly send and receive ADA tokens through Cwallet, and get real-time price index for ADA while viewing the details. Using Cwallet bot to do airdrop and tipping with ADA on Telegram, Twitter and Discord is certainly the most effective means of engaging your communities.
How to Deposit ADA to Cwallet
Other Tokens on the Cardano network include: ADAX (ADAX), Occam.Fi (OCC), Revuto (REVU)
There are over 200 tokens on the Cardano Network, and you can now apply for your favorite tokens to be listed on Cwallet in three simple steps.
List your token on Cwallet
After logging on to Cwallet website,
- From the homepage, select Crypto Directory
2. Click on List Token
3. Select Cardano blockchain and fill in token Details.
After applying for a listing, you’ll get a response from our team within 24 hours.
In Conclusion,
The Cardano network, one of the leading ecosystems, is now live on Cwallet. You can now apply to list your favorite Cardano-Chain tokens on Cwallet so that you can tip your community members using the Cwallet Bot.
